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Kaperoni: "Not true. You do not understand how monetary policy works"
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Kaperoni: "Not true. You do not understand how monetary policy works"
Michael Kaperoni
@kaperoni
Nov 28
Only when the dinar begins to rise gradually can the money supply be reduced. Do not listen to guru nonsense. Stick to truth, facts.
Daniel Quintana
@idandidit
8h8 hours ago
Replying to
@kaperoni
Iraq has no plans on letting it rise. Their goal is to keep it stable in a weak position.
Michael Kaperoni
@kaperoni
2h2 hours ago
~~~~~~~~~~
https://www.dinardaily.net/t78668-vietnam-pm-says-to-limit-dong-devaluation-at-2-pct-this-year
Now apply that to Iraq, or any other country...
@kaperoni
Nov 28
Only when the dinar begins to rise gradually can the money supply be reduced. Do not listen to guru nonsense. Stick to truth, facts.
Daniel Quintana
@idandidit
8h8 hours ago
Replying to
@kaperoni
Iraq has no plans on letting it rise. Their goal is to keep it stable in a weak position.
Michael Kaperoni
@kaperoni
2h2 hours ago
Michael Kaperoni Retweeted Daniel Quintana
Not true. You do not understand how monetary policy works. Listen in next week on our year-end conference call.
~~~~~~~~~~
Several local economists last month advised the government to devalue the dong to keep exports competitive amid the devaluation of the yuan and other regional currencies.
“The general consensus is to maintain macroeconomic stability, better manage inflation, improve the confidence of the society, of the market and of businesses,” Phuc said.
https://www.dinardaily.net/t78668-vietnam-pm-says-to-limit-dong-devaluation-at-2-pct-this-year
Now apply that to Iraq, or any other country...
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